About: anakin
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Daily Market Analysis Market Focus There were both ups and downs in US stock market on Monday, as 10-year treasury bond yields rising sharply amid investors’ expectations about monetary tightening. Investors now pull the possible timeline of rate hike forward after Fed Chair Jerome Powell announced that the Fed could start bond tapering in NovemberContinue Reading
Written on September 28, 2021 at 8:18 am
Categories: Today's Analysis
Daily Market Analysis Market Focus US stock advanced on Friday amid turmoil in global stock market earlier in the week. Despite the hawkish tone from Fed after the meeting this week and the contagion risks from China Evergrande Group’s debt crisis, US stock finished in the positive territory for a third day. Investors believed thatContinue Reading
Written on September 27, 2021 at 1:30 am
Categories: Today's Analysis
Daily Market Analysis Market Focus US stock advanced on Thursday amid risk-on market sentiment, as investors embraced the Federal Reserve’s bullish economic outlook. After the two-day FOMC meeting, Fed has turned more hawkish and is expected to reduce bond purchases in November at the earliest. Generally, a hawkish Fed should be bearish for equity market.Continue Reading
Written on September 24, 2021 at 8:10 am
Categories: Today's Analysis
Daily Market Analysis Market Focus US stocks advanced on Wednesday, even though Federal Reserve officials signaled that bond tapering would probably start in November at the earliest. During a press conference, Fed Chair Jerome Powell also said that mid-2022 could be the end of tapering, which means if Fed announces tapering in November, it willContinue Reading
Written on September 23, 2021 at 7:22 am
Categories: Today's Analysis
Daily Market Analysis Market Focus US stocks declined near the end of trading on Tuesday, edging lower for the day. Investors are now evaluating the risks from China’s strict regulations on the real-estate sector and this week’s Federal Reserve meeting. Markets await Wednesday’s update from the Fed as well as details about how the ChinaContinue Reading
Written on September 22, 2021 at 7:59 am
Categories: Today's Analysis
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